Lets see; my first flip was .0017 to .0025, then I flipped .0014 to .0019. Then I bought at .0011, 1 mil shares to hold and see how the Fernhill spinoff would go with multiple promises coming about all the great things coming from Buzzy in order to see if some of the promises made by Buzzy would come about. However, my shares never showed in my account and Buzzy failed to deliver on any of his promises. (All before you were on the IHUB boards by the way.)
After the ex-dividend date and the promise of close to 70K shares I sold my holdings in VGID at .0009 taking a 18% loss but hoping to recoup from Fernhill, in the meantime VGID dropped and I was able to flip .0003 to .0005 three times and this year I have flipped .0006 to .0006 three times and bought 3 mil shares of 6's last Friday that are set to sell at .0008.
When flipping VGID, I always buy a 3 Mil lot, so lets do the math;
Flip 1: $2400 / 47%
Flip 2: $1500 / 35%
Flip 3-9: $600 ea. ($3600 Total) 33%X6=198%
Buy/Hold: -$200
Total gained from VGID trades over 2+ years: $7,300 / 280%
Now if I had just bought my first 3 mil shares at .0017 and held; I might have 250,000 spinoff shares of Fernhill (that I will value at the moment at .006 and assume that they were available to trade) making my original Buy and Hold investment worth:
VGID Shares 3 mil X .0007 = $2100 (a loss of $3000)
FHBC Shares 250K X .0060 = $1500 (Makes up for 50% of the loss)
Grand total of my return if I had bought and held trusting that Buzzy will lead my account to riches is a total loss of 29%.
Which would you prefer? Gain of 280% over 2 years or a loss of 29%? Buzzy does have a slot machine going here if you figure out how to use it; although I'd be wary of committing too much money to anything involving Buzzy.
However, I digress as I started this reply in response to your theory that flippers will never make money here! Flippers, toxic dilutors and Buzzy are the only ones making any real cash here and it will be the same in his spinoff companies too.
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